SoFi Technologies (SoFi Technologies) Days Payable : 0.00 (As of Jul. 2020)

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What is SoFi Technologies Days Payable?

SoFi Technologies's average Accounts Payable for the six months ended in Jul. 2020 was $0.00 Mil. SoFi Technologies's Cost of Goods Sold for the six months ended in Jul. 2020 was $0.00 Mil.

The historical rank and industry rank for SoFi Technologies's Days Payable or its related term are showing as below:

SOFI's Days Payable is not ranked ^*
in the Credit Services industry.
Industry Median: 48.71
* Ranked among companies with meaningful Days Payable only.

SoFi Technologies's Days Payable stayed the same from . 20 (0.00) to Jul. 2020 (0.00).

SoFi Technologies Days Payable Historical Data

The historical data trend for SoFi Technologies's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SoFi Technologies Days Payable Chart

SoFi Technologies Annual Data

Trend

Dec20

Days Payable

SoFi Technologies Semi-Annual Data
	Jul20
Days Payable	-

Competitive Comparison of SoFi Technologies's Days Payable

For the Credit Services subindustry, SoFi Technologies's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SoFi Technologies's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SoFi Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where SoFi Technologies's Days Payable falls into.

SoFi Technologies Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

SoFi Technologies's Days Payable for the fiscal year that ended in . 20 is calculated as

	Days Payable (A: . 20 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: . 20 )	+	Accounts Payable (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

SoFi Technologies's Days Payable for the quarter that ended in Jul. 2020 is calculated as:

	Days Payable (Q: Jul. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: . 20 )	+	Accounts Payable (Q: Jul. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2020 )	*	Days in Period
=	( (	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

SoFi Technologies Days Payable Related Terms

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SoFi Technologies (SoFi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SoFi Technologies Inc (NAS:SOFI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

https://www.sofi.com

SoFi Technologies Inc helps people achieve financial independence to realize their ambitions. Its products include SoFi Money, SoFi Invest, Student Loan Refinancing, Private Student Loans, Personal Loans, Home Loans, SoFi Relay, SoFi Protect among others. The company's product gives over two million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people.